5,565 Shares in Allison Transmission Holdings, Inc. $ALSN Purchased by Fox Run Management L.L.C.

Key Points

• Fox Run Management L.L.C. has acquired a new stake in Allison Transmission Holdings, Inc., purchasing 5,565 shares valued at approximately $532,000 during the first quarter.
• Allison Transmission recently reported $2.29 earnings per share for the last quarter, exceeding analyst expectations and showcasing a net margin of 23.81%.
• The company announced a quarterly dividend of $0.27 per share, with a dividend yield of 1.2%, set to be paid on August 29th.

Fox Run Management L.L.C. acquired a new position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,565 shares of the auto parts company's stock, valued at approximately $532,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. raised its holdings in Allison Transmission by 3.0% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,652,996 shares of the auto parts company's stock valued at $286,683,000 after buying an additional 76,840 shares during the period. Invesco Ltd. lifted its stake in Allison Transmission by 6.8% in the first quarter. Invesco Ltd. now owns 1,262,619 shares of the auto parts company's stock worth $120,795,000 after purchasing an additional 80,653 shares during the last quarter. Federated Hermes Inc. boosted its position in shares of Allison Transmission by 19.0% during the first quarter. Federated Hermes Inc. now owns 1,138,259 shares of the auto parts company's stock valued at $108,897,000 after buying an additional 181,568 shares during the period. Jennison Associates LLC grew its stake in shares of Allison Transmission by 26.4% during the first quarter. Jennison Associates LLC now owns 640,217 shares of the auto parts company's stock valued at $61,250,000 after buying an additional 133,635 shares during the last quarter. Finally, NewEdge Wealth LLC raised its holdings in shares of Allison Transmission by 6.6% in the first quarter. NewEdge Wealth LLC now owns 509,912 shares of the auto parts company's stock worth $48,783,000 after buying an additional 31,393 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Allison Transmission Price Performance

ALSN stock traded up $2.4850 during mid-day trading on Friday, reaching $88.9350. The company's stock had a trading volume of 444,282 shares, compared to its average volume of 806,018. The stock has a market cap of $7.44 billion, a PE ratio of 10.11 and a beta of 0.97. The company's 50 day moving average is $90.90 and its two-hundred day moving average is $96.03. Allison Transmission Holdings, Inc. has a fifty-two week low of $80.39 and a fifty-two week high of $122.53. The company has a current ratio of 3.36, a quick ratio of 2.64 and a debt-to-equity ratio of 1.37.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The auto parts company reported $2.29 EPS for the quarter, topping analysts' consensus estimates of $2.20 by $0.09. Allison Transmission had a return on equity of 45.56% and a net margin of 23.81%.The firm had revenue of $814.00 million for the quarter, compared to the consensus estimate of $811.05 million. During the same quarter last year, the business posted $2.13 earnings per share. The firm's revenue was down .2% compared to the same quarter last year. Allison Transmission has set its FY 2025 guidance at EPS. Equities research analysts expect that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current year.

Allison Transmission Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Wednesday, August 20th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. Allison Transmission's payout ratio is presently 12.27%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ALSN. Morgan Stanley increased their target price on Allison Transmission from $94.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Citigroup cut their target price on shares of Allison Transmission from $105.00 to $100.00 and set a "neutral" rating on the stock in a research report on Tuesday, June 24th. Wall Street Zen lowered Allison Transmission from a "buy" rating to a "hold" rating in a research note on Sunday, June 22nd. Bank of America raised their price target on Allison Transmission from $74.00 to $79.00 and gave the stock an "underperform" rating in a report on Monday, June 16th. Finally, The Goldman Sachs Group increased their price objective on shares of Allison Transmission from $80.00 to $90.00 and gave the company a "sell" rating in a research report on Tuesday, May 27th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus target price of $98.38.

Allison Transmission Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.